Netflix Passes 25 Million Streaming Subscribers In The U.S.
Netflix has released their Q3 2012 earnings. In the announcement, Netflix announced 25.1 million streaming subscribers in the United States. This is up from 23.9 million users that they announced last quarter. Netfix announced 21.5 million customers in Q3 2011.
Netflix hit 4.3 million streaming subscriptions internationally, which is up from the 1.5 million that they reported in Q3 2011.
In terms of the financial details, Netflix hit $8 million in net income and $905 million in revenues, which is up 10% from Q3 2011 and up from $889 million in revenues from the last quarter.
[TheVerge]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry